The retail frozen food market in Argentina generated $236.3 million in sales during 2012, and registered a compound annual growth rate (CPGR) of 15.9% over the past five years. So says a report from MarketLine entitled “Frozen Food in Argentina.”
Looking ahead, the forecast calls for an 11.4% CPGR over the next five years, with sales value expected to reach $405 million by the end of 2017.
Meanwhile, market consumption volume increased at a compound annual growth rate of 4.2% between 2008 and 2012, hitting 47 million kilograms last year.
The report goes into many aspects of the market, and provides a rundown on some of the leading players on the Argentinian frozen food scene.